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Friday, 04 July 2008
Rent Reviews and Rating Assessments -
Article Index
Rent Reviews and Rating Assessments
Your Initial Position
Negotiating a Market Rent
Using a Third Party
Understanding Rates
Challenging Your Rates
Where to Get Help

Rent Reviews and Rating Assessments

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Rent reviews are a mechanism for adjusting a tenant's rent to the current market level. Similarly, the revaluation of rating assessments adjusts the rates an occupier pays, bringing it into line with rental values.

You negotiate rent reviews (if your lease provides for them) with your landlord. You negotiate with your local Valuation Officer over rates. The key questions are whether an increase is reasonable and if you should challenge it. This briefing covers:

  • The rent review terms in your lease.
  • How to negotiate a low 'open market rent' valuation.
  • How to appeal against a rent review.
  • Rating assessments, and how to appeal.
BHP Infosolutions

 
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